Despite the recent difficulties, Vietnam’s import-export value almost hit US$500 billion in the first eight months of the year and is expected to rise to US$800 billion by year-end.
Vietnam’s foreign trade surged 22.3 per cent year-on-year in the first 11 months of this year to exceed US$599.1 billion, according to the General Statistics Office (GSO).
Experts have forecast bank credit growth in the second quarter to reach 3.5-4 percent, much higher than the rate in the first quarter.
While the supply of raw materials from China is recovering after a month of suspension, textile and garment businesses find that they have moved out of the frying pan into the fire as the COVID-19 pandemic
COVID-19 makes a reasonable time for businesses to kick off new ideas and get together to come over the hairy problem.
Vietnam’s foreign trade is forecast to hit 500 billion USD at the end of 2019, according to the General Statistics Office of Vietnam.
On the occassion of PM Scott Morrison's official visit to Vietnam, Vietnamese and Australian businesses had a chance to explore partnership opportunities.